📢 GENIUS Act Passed! Crypto in the US Comes Out of the 'Gray Zone'
🔹 The US House of Representatives approved the historic GENIUS Act (308–122). This is the first federal law that fully regulates the issuance and use of stablecoins.
What does this change?
✅ Stablecoins are now under legal control:
— 100% reserve backing
— mandatory audits
— federal licensing
🚫 CBDC is banned!
The law prohibits the Fed from issuing a digital dollar — this is a protection of privacy and decentralization.
💥 What does this provide the market:
— Legal clarity for USDC, PYUSD, USD0, and others
— Green light for DeFi and institutions
— A sharp boost for crypto infrastructure in the US
🇺🇸 Now crypto in the US has a legal basis.
The next step is President Trump's signature (expected in the coming hours).
#StablecoinRegulation #GENIUSActPas #CryptoLawUSA #DeFiGrowth #BinanceNews